McDonald’s has made no statement about the invasion. A company spokesman did not respond to questions about whether its restaurants in Russia were open, and how they are receiving supplies or handling payments. Global logistics and freight firms have halted shipments to Russia and access to critical international financial and payment systems is shut down in the country.PepsiCo has also not made a statement about its operations in Russia, and spokesmen did not respond to multiple emails seeking comment. The company says on its website that it is the largest food and beverage manufacturer in Russia, has invested hundreds of millions of dollars in three manufacturing plants in the country. Last year, Russia accounted for $3.4 billion, or more than 4 percent, of PepsiCo’s $79.4 billion in revenues.PepsiCo struck an agreement in the early 1970s that allowed Russia to bottle Pepsi, becoming the first American consumer product manufactured and sold in the Soviet Union. In exchange, a company subsidiary, which already marketed Soviet vodka, got the exclusive rights to also sell Soviet champagne, wine …
Latest Business News
The Strategic Imperative of Global Health in Corporate Governance (4/12/2026) - The Strategic Imperative of Global Health in Corporate Governance The… Read more...
The Ecosystem Advantage (4/10/2026) - 1BusinessWorld • Intelligent Capital The Ecosystem Advantage Dr. Henning Stein… Read more...
Institutionalizing AI: Democratizing Artificial Intelligence Across the Enterprise (4/10/2026) - 1BusinessWorld • 1ArtificialIntelligence Institutionalizing AI Viren Shah SVP, Chief Digital… Read more...
Predict, Prevent, Personalize: Medicine Reimagined Through AI (4/9/2026) - 1BusinessWorld • 1ArtificialIntelligence Predict, Prevent, Personalize: Medicine Reimagined Through AI… Read more...
Boards and AI: Balancing Risks and Opportunities for Long-Term Value Creation (4/9/2026) - 1BusinessWorld • 1ArtificialIntelligence Boards and AI: Balancing Risks and Opportunities… Read more...
The Era of Agentic AI and Operational Resilience in Global Aviation (4/8/2026) - The Era of Agentic AI and Operational Resilience in Global… Read more...
The Agentic Era of Autonomous Fleet Operations and Mobility Ecosystems (4/8/2026) - The Agentic Era of Autonomous Fleet Operations and Mobility Ecosystems… Read more...
Navigating Private Markets: Opportunistic Investing in Tech, AI, and Tokenized Assets (4/8/2026) - 1BusinessWorld • Intelligent Capital Navigating Private Markets: Opportunistic Investing in… Read more...